Monthly consumer price index of alcoholic beverages and tobacco in Portugal 2020-2024
The harmonized index for consumer prices (HICP) for alcohol and tobacco in Portugal has shown a steady increase, reaching 123.27 points in August 2024, the highest point in the period examined. This upward trend reflects broader changes in Portugal's alcohol consumption patterns and pricing, particularly in the beer and wine sectors. The lowest value was recorded in February 2020, when the figure reached 108.31 index points.
Beer consumption and revenue on the rise
Beer consumption in Portugal has seen a notable uptick, with annual per capita consumption increasing from 48 liters in 2021 to 53 liters in 2022. This growth is mirrored in the excise duty revenue from beer, which jumped from 82.5 million euros in 2021 to 100.5 million euros in 2022. Super Bock remains the most popular beer brand, consumed by 69 percent of people, followed by Sagres at 42 percent.
Wine production and consumption fluctuations
While beer consumption has risen, wine consumption has experienced some fluctuations. Per capita wine consumption increased from 49 liters in the 2017/2018 harvest season to 58 liters in 2021/2022, but saw a decrease to 53 liters in the 2022/2023 season. Portugal's wine production remains robust, with Douro, Lisboa, and Alentejo emerging as the major wine-producing regions, collectively producing nearly 2.8 million hectoliters in the season ending in 2024.